What are the long term plans of Nokia in addressing climate change and some of the water issues ?

hi Maheshwari, this is such an important topic that you are raising. Thank you for asking this question. We, at Nokia, are fully committed to a cleaner, more connected world.
On 23 September 2019, our CEO announced our commitment to reset our science-based emission reduction targets in line with the goal to limit average rises in temperatures to 1.5°C. You can read more on our sustainability engagement on https://www.nokia.com/about-us/sustainability/

This is great. In terms of new technologies, how does Nokia can contribute tackling climate /hydrology issues? 5G could enable new type of sensors and the cost of data disquisition could be greatly reduced. Could you elaborate on it? Best regards.

Hi, you might be interested in reading today's blog post by our CEO Rajeev Suri on this topic: https://nokia.ly/3aqmbZI

Hi, putting a bit more recent and updated answer to this very relevant question.
Since the question was asked, Nokia has committed to reach net zero greenhouse gas emissions by 2040 (instead of only by 2050).
To understand this journey and the important details too, how and what Nokia is doing, I recommend the browsing of Nokia 2023 People and Planet report. But if your time is short, I could simplify it along the following lines:
- The biggest part of Nokia environmental impact is coming from the energy, the electricity used to power Nokia sold products (a wireless Base Station, an optical router, the software for advanced services running on servers, ...).
To reduce this impact, there are three levers to design and optimise Nokia products:
a) extreme energy efficiency (deliver the needed high level of service with the minimum amount of energy to do so),
b) save and reduce energy as much as possible depending on the load and context, for instance: "zero traffic, zero watt"
c) facilitate low-carbon electricity sources and their smart management like storage or using the generated heat from equipment cooling.
The water stress is more of an issue regarding equipment manufacturing and the cooling of massive installation like data centres.
Now please remember this is about minimizing the environmental impact Nokia has, the footprint.
Especially regarding climate and water, there is the other dimension of Nokia maximizing its positive impact, the handprint, by providing technical solutions and services to help other industries to decarbonate faster as well as reducing their usage of water and their waste/pollution.
Further reading: https://www.nokia.com/about-us/sustainability/all-about-zero/
& the https://nokia.ly/people-planet-2023